Top Wall Street Forecasters Revamp Lovesac Price Expectations Ahead Of Q2 Earnings
LOVEThe Lovesac pany(LOVE) Benzinga·2024-09-12 14:56

The Lovesac Company LOVE will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 12.Analysts expect the Stamford, Connecticut-based company to report a quarterly loss at 44 cents per share, versus a year-ago loss of 4 cents per share. Lovesac projects to report quarterly revenue of 157millionforthequarter,accordingtodatafromBenzingaPro.OnJuly31,Lovesacsaidithasenteredintoafiveyearextensionofitsrevolvingcreditfacilityby157 million for the quarter, according to data from Benzinga Pro.On July 31, Lovesac said it has entered into a five-year extension of its revolving credit facility by 10 million and tha ...